Zen Graphene Solutions Stock Technical Analysis

ZEN Stock  CAD 1.50  0.02  1.32%   
As of the 18th of April 2024, ZEN Graphene maintains the Risk Adjusted Performance of 0.0029, mean deviation of 2.18, and Standard Deviation of 3.03. Compared to fundamental indicators, the technical analysis model lets you check practical technical drivers of ZEN Graphene Solutions, as well as the relationship between them. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for ZEN Graphene Solutions, which can be compared to its peers. Please check out ZEN Graphene Solutions standard deviation, as well as the relationship between the maximum drawdown and kurtosis to decide if ZEN Graphene Solutions is priced favorably, providing market reflects its latest price of 1.5 per share.

ZEN Graphene Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ZEN, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ZEN
  
ZEN Graphene's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
ZEN Graphene technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of ZEN Graphene technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ZEN Graphene trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

ZEN Graphene Solutions Technical Analysis

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The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of ZEN Graphene Solutions volatility. High ATR values indicate high volatility, and low values indicate low volatility.

ZEN Graphene Solutions Trend Analysis

Use this graph to draw trend lines for ZEN Graphene Solutions. You can use it to identify possible trend reversals for ZEN Graphene as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual ZEN Graphene price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

ZEN Graphene Best Fit Change Line

The following chart estimates an ordinary least squares regression model for ZEN Graphene Solutions applied against its price change over selected period. The best fit line has a slop of   0.0033  , which may suggest that ZEN Graphene Solutions market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.41, which is the sum of squared deviations for the predicted ZEN Graphene price change compared to its average price change.

About ZEN Graphene Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of ZEN Graphene Solutions on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of ZEN Graphene Solutions based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on ZEN Graphene Solutions price pattern first instead of the macroeconomic environment surrounding ZEN Graphene Solutions. By analyzing ZEN Graphene's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of ZEN Graphene's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to ZEN Graphene specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding3.9K17.8K20.5K14.7K
PTB Ratio10.296.776.13.18

ZEN Graphene April 18, 2024 Technical Indicators

Most technical analysis of ZEN help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for ZEN from various momentum indicators to cycle indicators. When you analyze ZEN charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

ZEN Graphene April 18, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as ZEN stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether ZEN Graphene Solutions is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if ZEN Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Zen Graphene Solutions Stock. Highlighted below are key reports to facilitate an investment decision about Zen Graphene Solutions Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZEN Graphene Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

Complementary Tools for ZEN Stock analysis

When running ZEN Graphene's price analysis, check to measure ZEN Graphene's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ZEN Graphene is operating at the current time. Most of ZEN Graphene's value examination focuses on studying past and present price action to predict the probability of ZEN Graphene's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZEN Graphene's price. Additionally, you may evaluate how the addition of ZEN Graphene to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between ZEN Graphene's value and its price as these two are different measures arrived at by different means. Investors typically determine if ZEN Graphene is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ZEN Graphene's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.